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Accountant
Career Insights for Accountant (General)
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Scorecard
Based on Tennessee data
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What they do
An Accountant organizes and maintains financial records and prepares financial statements for companies and organizations. Works as a public accountant (prepares financial documents where public disclosure is required by law, such as business balance sheets and tax returns), management accountant (prepares financial information for internal use by a company) or government accountant (maintains records for government agencies).
$74,171 / year median in Tennessee
+3% projected growth
Job Description
- Lead month-end, quarter-end, and year-end close processes
- Prepare and review and perform journal entries
- Reconcile balance sheet and income statement accounts
- Reconcile bank accounts, inventory, fixed assets, intercompany accounts, and other balance sheet accounts.
- Maintain supporting documentation for audit purposes.
- Prepare monthly, quarterly, and annual financial statements Analysis, Budgeting, and Financial Leadership
- Assist in preparing annual budgets and periodic forecasts.
- Perform variance analysis comparing actual financial results to budgets and forecasts.
- Identify financial discrepancies and recommend cost-reducing or revenue-enhancing strategies.
- Participate in ERP or accounting system implementations and upgrades.
- Support management reporting and KPIs.
- Review work prepared by staff accountants.
- Train and mentor junior accounting team members
- Improve financial acumen of the company through assistance and training opportunities Audits, Regulatory and Tax Compliance
- Ensure compliance with U.S. GAAP and company accounting policies
- Gather documentation and coordinate workflows for external and internal audits.
- Delegate tasks, review work, and provide guidance to staff accountants or bookkeepers.
- Ensure internal controls protect financial data integrity and comply with laws.
- Identify opportunities to improve accounting processes.
- Develop and document accounting procedures.
- Strengthen internal controls and mitigate financial risks.
- Prepare local, state, and federal tax filings or regulatory documents.
- Prepare schedules for tax filings.
- Ensure compliance with federal, state, and local regulations. Qualifications
- Bachelor's degree in Accounting or Finance.
- 5+ years of accounting experience.
- Strong knowledge of U.S. GAAP and/or IFRS (International Accounting Standards)
- Advanced Excel skills.
- ERP experience (SAP, etc.)
- Remains calm, performs effectively and behaves professionally in busy and stressful situations.
- Open to coaching and training to continually improve on efficiency and personal growth
- Proactively engage all team members continuously to support the work environment
- Comfortable with improvement discussions and recognition efforts to support work force
- Completion of various reports, communication, and record keeping in a prompt manner
- Ability to follow safety rules and standards for the company.
- Arrive at work on time, as scheduled, consistently, and reliably.
- Understand and follow directions/instructions from supervisors.
- Expect team members to learn the process, think through challenges, and act with safety in mind to resolve issues.